Wrap Technologies, Inc. Reports Fourth Quarter and Full Year 2024 Results
Wrap Technologies, Inc. (WRAP)
NASDAQ:AMEX Investor Relations:
wrapmail.com/aboutus.html
Company Research
Source: GlobeNewswire
MIAMI, March 31, 2025 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc, (NASDAQ: WRAP) (“Wrap” or, the “Company”), a global leader in innovative public safety technologies and non-lethal tools, today announced financial and operating results for the fourth quarter and full year ended December 31, 2024. Q4 2024 Financial Results: Revenue increased 47%, from $0.6 million in 2023 to $0.9 million in 2024.Gross Profit improved by $0.7 million, rising from $(0.3) million in 2023 to $0.4million in 2024Total Operating Expenses decreased 21%, from $6.3million in 2023 to $5.0million in 2024Sales, General & Administrative (SG&A) Expenses declined 19%, from $5.8million in 2023 to $4.7million in 2024Net Loss from Operations improved by $10.8million, decreasing from $(18.4) million in 2023 to $(7.6) million in 2024 2024 Financial Results: Revenue was $4.5 million in 2024, down 27% from $6.1million in 2023.Cost of Revenue decreased 37%, from $3.2million in 2023 to $2.0million in 2024.Gross Margin in
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News
- Alliance Police Department Commits to Non-Lethal Response with Full BolaWrap® 150 RolloutGlobeNewswire
- Texas Border Agency Selects New Non-Lethal Response Subscription to Strengthen Officer and Community SafetyGlobeNewswire
- Wrap Technologies Inc (WRAP) Q3 2025 Earnings Call Highlights: Record Revenue and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Wrap and K-Form Strengthen Made in America Supply Chain for Wrap's Non-Lethal Response and CUAS Manufacturing [Yahoo! Finance]Yahoo! Finance
- Wrap and K-Form Strengthen Made in America Supply Chain for Wrap’s Non-Lethal Response and CUAS ManufacturingGlobeNewswire
WRAP
Sec Filings
- 12/19/25 - Form EFFECT
- 12/17/25 - Form 8-K
- 12/12/25 - Form S-3/A
- WRAP's page on the SEC website